A Tale of Two … (not cities) Ukraine vs Greece


JPM Warns ECB Will Use Greek “Nuclear Option” If No Monday Deal

If no agreement is struck on Monday evening that paves the way for further ELA hikes, the ECB may do exactly what we warned on Monday. That is, resort to the “nuclear option” which would, as JPM puts it, make capital controls are “almost inevitable.”

Greece in default if debt deadline missed, says Lagarde

Menawhile – in the


Tony Blair’s latest acquisition …….

Lagarde confirms second Extended Fund Facility tranche for Ukraine can take place if debt restructuring is delayed

IMF Humiliates Greece, Repeats It Will Keep Funding Ukraine Even If It Defaults

Ukraine to default before Greece?

Is this why ?


(paywall *sigh* – but I hope you get the message?)